- 'Mortgage Deal from Hell' Hurts Sound Borrowers: Bove
- Greek Political Leaders Agree On Austerity Reforms
- ECB Holds Rate, Relaxes Rules for Long-Term Loans
- Fed Fines Banks $766 Million Over Mortgage Practices
- Ban on Insider Trading by Congress Passes House
- Mortgage Plan Gives Homeowners Bulk of the Benefits
- 12 Unique Dating Sites
- Bank of England to Print More Money to Boost Recovery
- Jobless Claims Drop 15,000, Stay on Downward Trek
- CEO to CEO: Taking a Job at a Startup vs. a Public Company
- Farr: Money, Jobs and Politics — We're Still in a State of Risk
- PepsiCo CEO: We’re Not Splitting the Company
- Can Ford Make a Smooth Transition in Management?
- Steelers' Antonio Brown Spends Super Bowl Week with Twitter Fan Turned BFF
- China’s Steelmakers Set for Turnaround: Analyst
- Bulls Bet Silicon Motion Will Bounce
- News Corp. Beats Estimates on Studio, Cable Strength
- Bindi: Charm is Not Enough for Italy's Prime Minister Mario Monti
MOST SHARED
- Steelers' Antonio Brown Spends Super Bowl Week with Twitter Fan Turned BFF
- 'Mortgage Deal from Hell' Hurts Responsible Borrowers: Bove
- Kodak to Stop Making Cameras to Cut Costs
- Contraceptive Mandate Puts Obama Under Attack
- States Negotiate $26 Billion Deal for Homeowners
- Beijing Office Rents Outstrip New York
- Jobless Claims Drop 15,000, Stay on Downward Trek
- Stocks Flat, Traders Shrug Off Greece News
- Ban on Insider Trading by Congress Passes House
- China’s Steelmakers Set for Turnaround: Analyst
MOST POPULAR
HOT ON FACEBOOK
Fahrenheit 451 for Cash-Strapped UK Seniors
Deputy News Editor, CNBC.com
Some cash-strapped British pensioners are buying books from charity shops and burn them to keep warm as freezing temperatures gripped the UK, a London newspaper reported Tuesday.
Workers at a charity shop in Swansea, in south Wales, told London newspaper Metro that pensioners were looking for thick books such as encyclopedias — which are sold for a few pennies second hand — as a cheaper alternative to coal.
"Book-burning seems terribly wrong but we have to get rid of unsold stock for pennies and some of the pensioners say the books make ideal slow-burning fuel for fires and stoves," the paper quoted one shop assistant as saying.
"A lot of them buy up large hardback volumes so they can stick them in the fire to last all night."
Energy prices have soared in Britain in the past years, with some estimates showing gas prices up by around 40 percent since January 2008, and electricity tariffs rising by about 20 percent.
Britain's National Grid, which is responsible for the country's energy needs, issued an alert Monday that consumption may have to be cut if supplies of gas do not improve soon.
Gas is used to heat about two thirds of British homes and consumption surged to 30 percent above the seasonal average Monday.
"The spiraling cost of energy means heating homes has become a luxury rather than a necessity for many people – particularly the elderly, low paid and unemployed," Ruth Davison, director of campaigns and neighborhoods at the National Housing Federation, told the paper.
- New options and disclosures on fees should give workers more control over their retirement savings.
- A management shakeup at the automaker should be a lot smoother this time, says Phil LeBeau.
- Amy Cappellazzo of Christie's on the red-hot art market. Last year Christie's sold 719 million dollar artworks.
- That’s right, one unaccredited private college is offering free tuition to attract students, over the next four years.
- A die-hard Steelers fan spent a week with wide receiver Antonio Brown- and it was all due to tweeting.
- Where are the best city locations for singles to take the online dating plunge? We’ve got the list right here.









